Israeli army kills 53 Palestinians and injures 200 others near Gaza aid site
"Israeli drones fired at the citizens. Some minutes later, Israeli tanks fired several shells at the citizens, which led to...
Geostrategy
22 killed in Israeli air strikes across Gaza
The Israeli military has stepped up its Gaza offensive in recent days in what it has described as a renewed...
Geostrategy
Science
Saudi Arabia unveils its man shaped AI robot Mohammad
Riyadh, Saudi Arabia - Saudi Arabia unveiled its first male humanoid robot ‘Muhammad’ during the second edition of DeepFast in...
- A 7-second video of the robot is now viral. In it, the reporter Rawya Kassem, is seen talking about the robot
- Addressing the audience in flawless Arabic, the robot emphasized his role as a national project showcasing Saudi achievements in AI
Science
UAE astronauts AlMatrooshi and AlMulla graduate in space program at NASA
Dubai, UAE - The Mohammed Bin Rashid Space Centre (MBRSC) on Tuesday announced the graduation of Emirati astronauts Nora AlMatrooshi...
- The milestone marks the culmination of over two years of extensive training, which began in January 2022
- Prior to joining the NASA training program, AlMatrooshi and AlMulla underwent extensive in-house training at MBRSC
Geostrategy
BRICS to create blockchain-based payment system: Kremlin aide
Moscow, Russia – BRICS will work to create an independent payment system based on digital currencies and blockchain, Kremlin aide...
- Ushakov said that the specific task for this year is to increase the role of BRICS in the international monetary and financial system
- The BRICS group of emerging economies has welcomed 2024 by officially adding five developing nations
Geostrategy
Time to recognize the State of Palestine: Saudi foreign minister at OIC session
Jeddah, Saudi Arabia — Saudi Minister of Foreign Affairs Prince Faisal bin Farhan has emphasized the unanimous rejection of the...
- Prince Faisal was speaking at the Extraordinary Session of the Council of Foreign Ministers of the Organization of Islamic Cooperation in Jeddah on Tuesday
- The session has been convened to address the ongoing Israeli aggression against the Palestinians and to voice the OIC's opposition to the displacement of Palestine
UAE F&B sector set to soar, projected to reach $20bn in 2024
Dubai, UAE - The UAE’s foodservice market is poised to reach $19.98 billion in 2024, with further projections indicating a substantial...
- The report emphasizes the robust expansion of the F&B sector, forecasting a compound annual growth rate (CAGR) of 17.09%
- Fine dining is experiencing substantial growth with annual increases of almost 20% in Dubai and 33% in Abu Dhabi
Economy
Saudi Arabia takes the lead in global road connectivity rankings: minister
Riyadh, Saudi Arabia - Saudi Arabia has earned the distinction of being the world's most connected country in terms of...
- Al-Jasser highlighted a remarkable decrease of over 50 percent in serious accidents, deaths, and injuries in recent years
- The ongoing campaign, now in its fourth year, seeks to enhance the efficiency and safety of the extensive road network, the minister added
Business
EDGE Group, Indra form JV
It will make next-generation radar systems in UAE.
- The new business entity will be granted prime rights for current and future non-NATO and non-EU orders awarded to Indra.
- The JV will place a strategic focus on the continued development of sophisticated technologies, innovation and global market.
Business
Dubai International Boat Show helps in marine business
DUBAI, UAE – Dubai International Boat Show has wrapped up following a hugely successful week of high-value boat sales, important...
- The exhibition is recognized as one of the most influential boat shows in the world.
- The exhibition has wrapped up following a hugely successful week of boat sales.
Business
Middle East emerges as a major player in global CEO appointments: report
Dubai, UAE - The Middle East has emerged as a prominent player in global CEO appointments, securing 68 out of a...
- Companies in the region boasting the highest global percentage of CEOs with prior C-suite experience, standing at an impressive 90 percent
- Surprisingly, the Middle East also leads globally in terms of CEO age, boasting the youngest average CEO age at 54.5 years
Business
89% of Saudi CEOs hopeful of kingdom’s economic growth over next 12 months
Riyadh, Saudi Arabia - About 89% of CEOs in Saudi Arabia are optimistic about the country's economic growth over the...
- A remarkable 71% of Saudi CEOs have observed a 5% or more increase in market share over the past three years, surpassing the global average of 49%
- The Vision 2030 initiative, with its focus on reducing oil dependency, has propelled Saudi Arabia to the 17th largest global economy by GDP size in 2022
Most Read
Revenue from Saudi cinema may exceed $1bn by 2030KSA, UAE play well as e-gaming trends across GCCExclusive: Middle East’s retail sector rides on AR and hybrid shopping to become $600bn digital economyTECOM Group profit soars 13%UAE startups eye Saudi Arabia for growth, expansionSaudi Arabia leads GCC AI healthcare raceDisparity remains as Saudis, Emiratis see wealth gains
Israeli army kills 53 Palestinians and injures 200 others near Gaza aid site
"Israeli drones fired at the citizens. Some minutes later, Israeli tanks fired several shells at the citizens, which led to...
Geostrategy
Company News
Latest News
Putin has upper hand in Trump talks on elusive Ukraine peace: analysts
Paris, France - Vladimir Putin scored a coup by discussing with Donald Trump in highly anticipated phone talks everything from improving...
Geostrategy
Once a crumbling relic of old Iran, brewery reborn as arts hub
Tehran, Iran - Hidden behind imposing brick walls in the heart of Tehran, a brewery that used to make Iranian...
Arts & Culture
Hamas sees ‘positive’ signs for ceasefire talks as Israel cuts Gaza electricity, blocks aid flow
In a statement, Netanyahu's office said that Israel had accepted an invitation from US-backed mediators and would "send a delegation...
Geostrategy
Most Read
Economy
Turkey central bank cuts rate to 42.5% as inflation eases
Istanbul, Turkey - Turkey's central bank on Thursday lowered its key interest rate for a third consecutive time as inflation...
- This is the third time the central bank cut its rate since December as its efforts to tame inflation are paying off
- Consumer prices rose by 39.05 percent last month, down from 42.1 percent in January, according to the country's statistics institute
Geostrategy
Arab leaders meet to hash out Gaza plan as Hamas urges against displacement under Trump plan
A draft version of the Egyptian plan seen by AFP lays out a five-year roadmap with a price tag of...
- Trump triggered global outrage when he first floated his idea for the United States to "take over" the Gaza Strip and turn it into the "Riviera of the Middle East"
- Trump has recently appeared to soften his stance, saying he was "not forcing" the plan, which experts have said could violate international law
Geostrategy
Trump orders pause to Ukraine aid: White House official
President Donald Trump suspended military aid to Ukraine on Monday, a US official told AFP, sharply escalating pressure on Kyiv...
- The move comes just days after a stunning public clash at the White House between Ukrainian President Volodymyr Zelensky and Trump
- We are pausing and reviewing our aid to ensure that it is contributing to a solution, said a White House official